HAL vs. BKR
HAL (Halliburton Company) and BKR (Baker Hughes Company) are both stocks. Both operate in the Oil & Gas Equipment & Services industry within the Energy sector. Over the past 5 years, HAL returned 10.47%/yr vs 23.37%/yr for BKR. A 0.70 correlation means they provide meaningful diversification when combined.
Performance
HAL vs. BKR - Performance Comparison
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Returns By Period
In the year-to-date period, HAL achieves a 25.59% return, which is significantly lower than BKR's 30.81% return.
HAL
- 1D
- 0.69%
- 1M
- -14.83%
- YTD
- 25.59%
- 6M
- 25.90%
- 1Y
- 61.52%
- 3Y*
- 6.81%
- 5Y*
- 10.47%
- 10Y*
- -0.29%
BKR
- 1D
- 1.27%
- 1M
- -10.46%
- YTD
- 30.81%
- 6M
- 30.75%
- 1Y
- 54.28%
- 3Y*
- 28.47%
- 5Y*
- 23.37%
- 10Y*
- —
HAL vs. BKR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HAL Halliburton Company | 25.59% | 7.02% | -23.19% | -6.47% | 74.45% | 21.99% | -21.23% | -4.90% | -44.63% | 12.76% |
BKR Baker Hughes Company | 30.81% | 13.39% | 23.11% | 18.58% | 25.96% | 19.03% | -15.15% | 23.01% | -30.43% | -21.62% |
Correlation
The correlation between HAL and BKR is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2017 | 0.70 |
The correlation between HAL and BKR has been stable across timeframes, ranging from 0.68 to 0.74 - a consistent structural relationship.
Fundamentals
HAL:
$29.51B
BKR:
$58.91B
HAL:
$1.82
BKR:
$3.14
HAL:
19.36
BKR:
18.85
HAL:
3.09
BKR:
0.10
HAL:
1.34
BKR:
2.11
HAL:
2.73
BKR:
2.67
HAL:
$22.17B
BKR:
$27.89B
HAL:
$3.40B
BKR:
$6.57B
HAL:
$3.83B
BKR:
$4.20B
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Return for Risk
HAL vs. BKR — Risk / Return Rank
HAL
BKR
HAL vs. BKR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Halliburton Company (HAL) and Baker Hughes Company (BKR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HAL | BKR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.29 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.36 | 3.24 | +0.13 |
| Martin ratioReturn relative to average drawdown | 12.16 | 9.21 | +2.94 |
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Drawdowns
HAL vs. BKR - Drawdown Comparison
The maximum HAL drawdown since its inception was -92.99%, which is greater than BKR's maximum drawdown of -75.38%. Use the drawdown chart below to compare losses from any high point for HAL and BKR.
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Drawdown Indicators
| HAL | BKR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.99% | -75.38% | -17.61% |
Max Drawdown (1Y)Largest decline over 1 year | -18.38% | -16.86% | -1.52% |
Max Drawdown (3Y)Largest decline over 3 years | -54.01% | -28.00% | -26.01% |
Max Drawdown (5Y)Largest decline over 5 years | -54.01% | -46.53% | -7.48% |
Max Drawdown (10Y)Largest decline over 10 years | -91.45% | — | — |
Current DrawdownCurrent decline from peak | -40.39% | -14.82% | -25.57% |
Average DrawdownAverage peak-to-trough decline | -39.12% | -24.63% | -14.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.23% | 5.92% | -0.69% |
Volatility
HAL vs. BKR - Volatility Comparison
The current volatility for Halliburton Company (HAL) is 10.16%, while Baker Hughes Company (BKR) has a volatility of 11.04%. This indicates that HAL experiences smaller price fluctuations and is considered to be less risky than BKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HAL | BKR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.16% | 11.04% | -0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 24.49% | 24.82% | -0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.86% | 33.41% | +3.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.09% | 34.92% | +5.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.01% | 40.18% | +5.83% |
Dividends
HAL vs. BKR - Dividend Comparison
HAL's dividend yield for the trailing twelve months is around 1.93%, more than BKR's 1.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKR Baker Hughes Company | 1.56% | 2.02% | 2.05% | 2.28% | 2.47% | 2.99% | 3.45% | 2.81% | 3.35% | 56.42% | 0.00% | 0.00% |
HAL Halliburton Company | 1.93% | 2.41% | 2.50% | 1.77% | 1.22% | 0.79% | 1.67% | 2.94% | 2.71% | 1.47% | 1.33% | 2.12% |
Financials
HAL vs. BKR - Financials Comparison
This section allows you to compare key financial metrics between Halliburton Company and Baker Hughes Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HAL vs. BKR - Profitability Comparison
HAL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported a gross profit of 790.00M and revenue of 5.40B. Therefore, the gross margin over that period was 14.6%.
BKR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Baker Hughes Company reported a gross profit of 1.50B and revenue of 6.59B. Therefore, the gross margin over that period was 22.8%.
HAL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported an operating income of 679.00M and revenue of 5.40B, resulting in an operating margin of 12.6%.
BKR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Baker Hughes Company reported an operating income of 809.00M and revenue of 6.59B, resulting in an operating margin of 12.3%.
HAL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported a net income of 461.00M and revenue of 5.40B, resulting in a net margin of 8.5%.
BKR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Baker Hughes Company reported a net income of 930.00M and revenue of 6.59B, resulting in a net margin of 14.1%.
Frequently Asked Questions
HAL and BKR have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BKR has higher volatility (11.04%) compared to HAL (10.16%). In terms of maximum drawdown, HAL dropped -92.99% vs BKR's -75.38%.
HAL currently has the higher Sharpe Ratio (1.68 vs 1.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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